{"id":12368,"date":"2020-05-15T03:32:19","date_gmt":"2020-05-14T22:02:19","guid":{"rendered":"https:\/\/e-gmat.com\/blogs\/?p=12368"},"modified":"2022-11-22T17:32:49","modified_gmt":"2022-11-22T12:02:49","slug":"what-is-the-importance-of-gmat","status":"publish","type":"post","link":"https:\/\/e-gmat.com\/blogs\/what-is-the-importance-of-gmat\/","title":{"rendered":"What is the importance of GMAT?"},"content":{"rendered":"<span class=\"rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">A <\/span> <span class=\"rt-time\">7<\/span> <span class=\"rt-label rt-postfix\">min read <\/span><\/span><p>GMAT aspirants often come across questions like &#8211;&nbsp;<strong>&#8220;What is the importance of GMAT?, How important is GMAT for my career growth?&#8221;&nbsp;<\/strong>and so on&#8230; Well, the importance of GMAT goes far beyond MBA Admissions. GMAC rightly puts it, \u201cThe GMAT exam is your best first step toward a career with impact.\u201d More than 7000 business and management programs worldwide accept the GMAT Exam Score. This has been the test of choice of the world\u2019s business leaders for admissions into leading business schools. This is because the GMAT Exam lets you showcase the skills that matter the most in the business school classroom and in your career. Let&#8217;s explore the scope of GMAT further!<\/p>\n<p><img loading=\"lazy\" class=\"aligncenter wp-image-12508 \" src=\"https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2018\/05\/Why-take-GMAT-importance.png\" alt=\"importance of gmat exam | gmat scope | how important is gmat l\" width=\"754\" height=\"304\" srcset=\"https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2018\/05\/Why-take-GMAT-importance.png 1131w, https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2018\/05\/Why-take-GMAT-importance-300x121.png 300w, https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2018\/05\/Why-take-GMAT-importance-768x309.png 768w, https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2018\/05\/Why-take-GMAT-importance-1024x412.png 1024w, https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2018\/05\/Why-take-GMAT-importance-1080x434.png 1080w\" sizes=\"(max-width: 754px) 100vw, 754px\" \/><\/p>\n<p>If you&#8217;re wondering how important is GMAT for your MBA Admissions, look no more! This article covers one of the most important questions in the minds of most aspirants &#8211; \u201cWhat is the importance of GMAT?\u201d. Here\u2019s a brief outline of the sections covered:<\/p>\n<ul>\n<li><a href=\"#Importance-of-GMAT-MBA-Admissions\">GMAT for MBA Admissions<\/a><\/li>\n<li><a href=\"#role-of-GMAT-score-MBA-applications\">Role of GMAT Score in MBA Application<\/a><\/li>\n<li><a href=\"#importance-of-GMAT-beyond-MBA\">Importance of GMAT Exam beyond MBA<\/a><\/li>\n<li><a href=\"#value-of-gmat\">Value of GMAT &#8211; Corporate Recruiters<\/a><\/li>\n<li><a href=\"#importance-of-gmat-alternate-careers\">Importance of GMAT Exam &#8211; Alternate Careers<\/a><\/li>\n<li><a href=\"#gmat-vs-gre-gmat-advantage\">GMAT vs GRE \u2013 the GMAT Advantage<\/a><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h2><span id=\"Importance-of-GMAT-MBA-Admissions\">Importance of GMAT Exam for MBA Admissions<\/span><\/h2>\n<p>The GMAT is one of those exams that will influence your career trajectory for a considerable amount of time. It gives you an opportunity to start your career at a better remuneration level, gives you an alternate career to fall back on and inculcates knowledge, confidence and good habits in you. There are only things to gain from the GMAT. Let\u2019s see how.<\/p>\n<p><img loading=\"lazy\" class=\"wp-image-17086 aligncenter\" src=\"https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2018\/05\/Advantages-of-GMAT.png\" alt=\"Advantages of GMAT | Scope of GMAT | how important is gmat l\" width=\"513\" height=\"215\" srcset=\"https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2018\/05\/Advantages-of-GMAT.png 990w, https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2018\/05\/Advantages-of-GMAT-300x126.png 300w, https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2018\/05\/Advantages-of-GMAT-768x322.png 768w\" sizes=\"(max-width: 513px) 100vw, 513px\" \/><\/p>\n<p>Business schools use and trust the GMAT exam to make admissions decisions.&nbsp;The GMAT exam will help you stand out during the admissions process. It is the most widely used and trusted indicator of academic success in MBA and other graduate business degree programs. In fact, <strong>9 out of 10 MBA admission decisions are made using a GMAT score<\/strong>.<\/p>\n<blockquote><p><em><a href=\"https:\/\/e-gmat.com\/blogs\/mba-application-process-gmat-score-evaluation-factors-importance\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">Looking for other Factors that Admission Committees use for evaluating your MBA Application?<\/a> <\/em><\/p><\/blockquote>\n<p>The GMAT exam sets the standard for its ability to predict success in the classroom. Here are the additional advantages:<\/p>\n<ul>\n<li><strong>It measures the skills you have and the skills schools need<\/strong>.<\/li>\n<li><strong>GMAT is a proven measure of your success<\/strong>. Decades of research confirm that the GMAT is a valid and reliable predictor of your academic performance in today\u2019s graduate management programs.<\/li>\n<li><strong>The GMAT exam is relied on more by graduate business schools worldwide.&nbsp;<\/strong><\/li>\n<li><strong>Available when you\u2019re ready to take it<\/strong>. Testing is available around the world in state-of-the-art facilities designed to provide an unparalleled test-taking experience so that you can perform your best. GMAC ensures that the test takers are able to put their best foot forward, and therefore, keeps updating the exam format and structure to benefit the test-takers.<br>\n<em>Refer to this article to read about the latest <a href=\"https:\/\/e-gmat.com\/blogs\/new-gmat-format-2018-30-minutes-shorter\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">update in the GMAT exam format<\/a>, effective from April 2018. If you want to know the basics of the <a href=\"https:\/\/e-gmat.com\/blogs\/gmat-exam-format-2018-gmat-structure\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">format of the GMAT Exam<\/a>, read the other article.<\/em><\/li>\n<\/ul>\n<blockquote><p><strong><em>A 740+ GMAT score increases your chance of studying at a US business school. We can help you with quality online content to prepare. We are the&nbsp;<a href=\"https:\/\/gmatclub.com\/reviews\/e-gmat-6\" target=\"_blank\" rel=\"noopener noreferrer external\" data-wpel-link=\"external\">most reviewed GMAT prep company on gmatclub<\/a> with more than 1960 reviews. Why don\u2019t you <a href=\"https:\/\/e-gmat.com\/ft-gmat-prep\/?channel=blogsin_article&amp;utm_source=blogs&amp;utm_medium=in_article&amp;utm_campaign=free_trial&amp;utm_content=mba&amp;utm_term=blogs_in_article_\" target=\"_blank\" rel=\"noopener noreferrer external\" data-wpel-link=\"external\">take a free trial<\/a>&nbsp;and judge it for yourself? Write to us at&nbsp;<a href=\"mailto:acethegmat@e-gmat.com\" target=\"_blank\" rel=\"noopener noreferrer\">acethegmat@e-gmat.com&nbsp;<\/a>in case of any query.<\/em><\/strong><\/p><\/blockquote>\n<p>Now that we have explained how and why the GMAT is important for your MBA admission, we must state that it is not just a means to an end, the end being a business school admission. But instead, <a href=\"https:\/\/e-gmat.com\/blogs\/why-take-the-gmat-top-3-reasons-benefits\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">the value that GMAT score adds<\/a> is far more than just an admission. It positively affects your life at various levels. The value addition that a GMAT score brings is both quantitative and qualitative. Let\u2019s first look at the quantitative aspects.<\/p>\n<blockquote><p><em><a href=\"https:\/\/e-gmat.com\/blogs\/mba-admission-how-to-get-into-top-business-school\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">How to get into a Top Business School? &#8211; Read here and get the best tips for MBA Admission 2018-19!<\/a><\/em><\/p><\/blockquote>\n<p><strong>Return on Investment<\/strong>: Take a brief look at 2019 US News business school rankings:<\/p>\n<table width=\"453\">\n<tbody>\n<tr>\n<td width=\"105\">School<\/td>\n<td width=\"87\">Rank<\/td>\n<td width=\"87\">Acceptance Rate<\/td>\n<td width=\"87\">Average GMAT<\/td>\n<td width=\"87\">Average Salary<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/e-gmat.com\/blogs\/how-to-get-into-harvard-business-school-hbs-mba-7-steps-india-us\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">Harvard<\/a><\/td>\n<td>1<\/td>\n<td>10%<\/td>\n<td>731<\/td>\n<td>$137K<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/e-gmat.com\/blogs\/chicago-booth-mba-class-profile-employment-reports-notable-alumni\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">Chicago Booth<\/a><\/td>\n<td>1<\/td>\n<td>24%<\/td>\n<td>730<\/td>\n<td>$129K<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/e-gmat.com\/blogs\/wharton-mba-program-class-profile-employment-reports-notable-alumni\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">Wharton<\/a><\/td>\n<td>3<\/td>\n<td>19%<\/td>\n<td>730<\/td>\n<td>$136K<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/e-gmat.com\/blogs\/how-to-get-into-stanford-gsb-mba-program-india-us\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">Stanford GSB<\/a><\/td>\n<td>4<\/td>\n<td>6%<\/td>\n<td>737<\/td>\n<td>$144K<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/e-gmat.com\/blogs\/mit-sloan-mba-program-class-profile-employment-report-notable-alumni\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">MIT Sloan<\/a><\/td>\n<td>5<\/td>\n<td>12%<\/td>\n<td>722<\/td>\n<td>$128K<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/e-gmat.com\/blogs\/kellogg-mba-program-school-profile-northwestern-university-employment-statistics\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">Kellogg<\/a><\/td>\n<td>6<\/td>\n<td>20%<\/td>\n<td>732<\/td>\n<td>$128K<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/e-gmat.com\/blogs\/uc-berkeley-haas-school-of-business-mba-class-profile-employment-report-notable-alumni\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">Berkeley Haas<\/a><\/td>\n<td>7<\/td>\n<td>13%<\/td>\n<td>725<\/td>\n<td>$126K<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/e-gmat.com\/blogs\/michigan-ross-school-of-business-class-profile-career-and-employment-reports-notable-alumni\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">Michigan Ross<\/a><\/td>\n<td>7<\/td>\n<td>25%<\/td>\n<td>716<\/td>\n<td>$125K<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/e-gmat.com\/blogs\/columbia-business-school-mba-program-strengths-class-profile-career-outcomes-and-employment-reports\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">Columbia<\/a><\/td>\n<td>9<\/td>\n<td>14%<\/td>\n<td>727<\/td>\n<td>$128K<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/e-gmat.com\/blogs\/dartmouth-tuck-mba-class-profile-employment-report-notable-alumni\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">Tuck<\/a><\/td>\n<td>10<\/td>\n<td>23%<\/td>\n<td>722<\/td>\n<td>$128K<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p>Now, let\u2019s compare two potential test-takers as per the information above.<\/p>\n<ul>\n<li>Candidate 1 \u2013 GMAT Score 740 \u2013 Admitted into Stanford<\/li>\n<li>Candidate 2 \u2013 GMAT Score 720 \u2013 Admitted into Michigan Ross<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" class=\"wp-image-17081 aligncenter\" src=\"https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2018\/05\/Candidates_Comparison.png\" alt=\"gmat score impact mba salary | how important is gmat l\" width=\"788\" height=\"430\" srcset=\"https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2018\/05\/Candidates_Comparison.png 950w, https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2018\/05\/Candidates_Comparison-300x164.png 300w, https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2018\/05\/Candidates_Comparison-768x419.png 768w\" sizes=\"(max-width: 788px) 100vw, 788px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>After 10 years, candidate 1, the Stanford graduate, would have earned a little more than $300,000 as compared to candidate 2, the Michigan Ross graduate. It\u2019s noteworthy that the difference in average GMAT scores was only about 20 points. <u>And graduates of both the colleges made the same investment of $250 to appear for GMAT exam<\/u>. This should give you an idea about the level of Return on Investment that the GMAT score can give you.<\/p>\n<table style=\"height: 310px;\" width=\"429\">\n<tbody>\n<tr>\n<td width=\"198\"><\/td>\n<td width=\"142\">\n<p style=\"text-align: center;\"><a href=\"https:\/\/e-gmat.com\/blogs\/how-to-get-into-stanford-gsb-mba-program-india-us\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>Stanford GSB<\/strong><\/a><\/p>\n<\/td>\n<td width=\"142\">\n<p style=\"text-align: center;\"><a href=\"https:\/\/e-gmat.com\/blogs\/michigan-ross-school-of-business-class-profile-career-and-employment-reports-notable-alumni\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>Michigan Ross<\/strong><\/a><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"198\">\n<p style=\"text-align: left;\">Average GMAT score<\/p>\n<\/td>\n<td style=\"text-align: center;\" width=\"142\">737<\/td>\n<td style=\"text-align: center;\" width=\"142\">716<\/td>\n<\/tr>\n<tr>\n<td width=\"198\">\n<p style=\"text-align: left;\">Average salary<\/p>\n<\/td>\n<td style=\"text-align: center;\" width=\"142\">$144,000<\/td>\n<td style=\"text-align: center;\" width=\"142\">$125,000<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\" width=\"198\">\n<p style=\"text-align: left;\">Cumulative earnings after 10 years (10% growth)<\/p>\n<\/td>\n<td style=\"text-align: center;\" width=\"142\">$2,294,989<\/td>\n<td width=\"142\">\n<p style=\"text-align: center;\">$1,992,178<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"198\">\n<p style=\"text-align: center;\"><strong>Difference<\/strong><\/p>\n<\/td>\n<td colspan=\"2\" width=\"284\">\n<p style=\"text-align: center;\"><strong>$302,811<\/strong><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Here are some qualitative value additions of the GMAT:<\/p>\n<ul>\n<li><strong>Increased knowledge<\/strong> &#8211; The knowledge you gained while preparing for GMAT is something that no one can take away from you. It will remain with you for life.<\/li>\n<li><strong>Confidence<\/strong> &#8211; It gives you confidence when applying for a business school or interviewing for a job.<\/li>\n<li><strong>Good habits<\/strong> &#8211; GMAT is not just a test of knowledge and logic but also of perseverance and diligence. The habits you developed while preparing for GMAT will go a long way toward ensuring your professional success. These habits will help you succeed in the rigorous MBA program and in your career.<\/li>\n<\/ul>\n<blockquote><p><a href=\"https:\/\/e-gmat.com\/blogs\/post-mba-salary-factors-affecting-average-mba-salary\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">Take a look at the factors influencing your post-MBA salary<\/a><\/p><\/blockquote>\n<h2><span id=\"role-of-GMAT-score-MBA-applications\">Role of the GMAT Score in MBA Applications&nbsp;<\/span><\/h2>\n<p>We\u2019ve established above that the GMAT plays a vital role in your MBA Applications. While a good GMAT Score definitely favors your application and improves your chances of getting admission into your dream B-School, it is not the sole criteria to ensure the same. This article throws light on the various <a href=\"https:\/\/e-gmat.com\/blogs\/mba-application-process-gmat-score-evaluation-factors-importance\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">factors<\/a> considered for admission decisions at B-schools and the <a href=\"https:\/\/e-gmat.com\/blogs\/mba-application-process-gmat-score-evaluation-factors-importance\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">role of the GMAT Score in MBA Applications<\/a>.<\/p>\n<p>Note &#8211; On an average, GMAT accounts for 22% weight-age in the overall MBA Applications.<\/p>\n<blockquote><p><em>Write to us at <a href=\"mailto:acethegmat@e-gmat.com\">acethegmat@e-gmat.com<\/a> if you need help in crafting your <a href=\"https:\/\/e-gmat.com\/blogs\/how-to-study-for-gmat-3-months-study-plan-for-gmat-760\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">GMAT study plan<\/a>. Our team of GMAT Strategy Consultants and I would love to help you!<\/em><span style=\"color: #333333; font-size: 26px;\">&nbsp;<\/span><\/p><\/blockquote>\n<p>&nbsp;<\/p>\n<h2><span id=\"importance-of-GMAT-beyond-MBA\">What role does GMAT play beyond getting admission to a B-school?<\/span><\/h2>\n<p>A good GMAT score will not only help you get into your dream B-school but also benefit you even after you have enrolled in your program. GMAT is not just a score, it is a test of your ability and reflects your intellectual aptitude, diligence, focus, and hard work. All these traits are priceless and valued immensely not just by B-schools but also by employers. In the words of GMAC, \u201c<strong><em>When it comes to your success, there is no comparison<\/em><\/strong>\u201d.<\/p>\n<h3><span id=\"value-of-gmat\">Value of GMAT &#8211; Corporate Recruiters | Scope of GMAT<\/span><\/h3>\n<p>The scope and importance of the GMAT Exam are not just limited to the Admissions Process. They extend to the stage of job applications too.<\/p>\n<p><img loading=\"lazy\" class=\"aligncenter wp-image-17087\" src=\"https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2018\/05\/Corporate_Recruiters.png\" alt=\"importance of gmat in recruitment | how important is gmat l\" width=\"800\" height=\"524\" srcset=\"https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2018\/05\/Corporate_Recruiters.png 962w, https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2018\/05\/Corporate_Recruiters-300x196.png 300w, https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2018\/05\/Corporate_Recruiters-768x503.png 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>When asked what factors were most important in selecting business school graduates for the interview, corporate recruiters\u2019 most frequently cited responses were:<\/p>\n<ol>\n<li>\u2018<strong>proven ability to perform<\/strong>\u2019 (92%), followed by<\/li>\n<li>strong oral <strong>communication skills<\/strong> (89%), and<\/li>\n<li>strong <strong>technical and\/or quantitative skills<\/strong> (84%)<\/li>\n<\/ol>\n<p>A GMAT score is a testament to your ability to perform and your quantitative skills.<\/p>\n<p>Challenges in life keep on increasing. Getting internships and jobs at highly successful consulting firms can be even more difficult than getting admission in a B-school. Many consulting companies such as McKinsey and Accenture, ask applicants to report their GMAT scores on their job applications.<\/p>\n<p>Source &#8211; Gmatclub.com. (Gmatclub is a portal where successful GMAT test takers share their experiences about GMAT Exam, MBA, and Job Applications). Many students have claimed that interviewers specifically asked them about their GMAT scores. In fact, some of the students even reported that competitive consulting companies won\u2019t look twice at applicants who didn\u2019t report their standardized test scores.<\/p>\n<p>These <strong>firms use GMAT scores as a way of assessing applicants. Therefore, GMAT score plays an important role when you are applying for consulting jobs and internships<\/strong>.<\/p>\n<blockquote><p><em>If you are stressed out about paying for your&nbsp;MBA and are wondering what is a good <a href=\"https:\/\/e-gmat.com\/blogs\/mba-scholarships-2019-good-gmat-score\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\"> GMAT Score to get an MBA Scholarship<\/a>, or what all Business School Scholarships are available for GMAT, read this article!<\/em><\/p><\/blockquote>\n<h2>Scope &amp; Importance of GMAT Exam &#8211; Alternate Careers |&nbsp;<span id=\"value-of-gmat\">Scope of GMAT<\/span><\/h2>\n<p>A good GMAT preparation experience also opens your way towards an opportunity to become a GMAT instructor. But how would you define a \u201cgood GMAT preparation experience&#8221;? It\u2019s something based on one of the most fundamental truths of knowledge: The best way to learn something is to teach it. If you did that while preparing for GMAT, you already have an idea about being an instructor. The difference here would be that you will be teaching a class full of people. A good GMAT instructor can earn $100,000 annually, so you can leverage your GMAT knowledge to venture into an alternate career.<\/p>\n<blockquote><p><a href=\"https:\/\/e-gmat.com\/blogs\/what-is-scope-of-gmat-in-india\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">Learn about the scope of GMAT in India.<\/a><\/p><\/blockquote>\n<h2><span id=\"gmat-vs-gre-gmat-advantage\">GMAT vs GRE \u2013 the GMAT Advantage<\/span><\/h2>\n<p>With an increasing number of schools accepting&nbsp;GRE General Test&nbsp;scores as an alternative to GMAT scores, a lot of potential candidates get confused whether they should take the GMAT or the GRE.<\/p>\n<p><img loading=\"lazy\" class=\"wp-image-17088 aligncenter\" src=\"https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2018\/05\/GMAT-vs-GRE-GMAT-Advantage.png\" alt=\"GMAT vs GRE - GMAT Advantage\" width=\"678\" height=\"176\" srcset=\"https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2018\/05\/GMAT-vs-GRE-GMAT-Advantage.png 691w, https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2018\/05\/GMAT-vs-GRE-GMAT-Advantage-300x78.png 300w\" sizes=\"(max-width: 678px) 100vw, 678px\" \/><\/p>\n<p>Refer to this article to read about the <a href=\"https:\/\/e-gmat.com\/blogs\/gre-for-mba-do-business-schools-prefer-gmat\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">advantage of GMAT over GRE<\/a> and&nbsp;why the GMAT is an important admissions requirement for&nbsp;<a href=\"https:\/\/e-gmat.com\/blogs\/executive-assessment-alternative-gmat-for-emba-programs\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">Executive MBA Programs<\/a>.<\/p>\n<p><em>Here\u2019s a <a href=\"https:\/\/www.mba.com\/mbas-and-business-masters\/articles\/gmat-exam\/gmat-accepting-programs-around-world\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer\">list <\/a>of all the universities, fellowships, and scholarships that either accept or require GMAT scores for admission to their programs<\/em><\/p>\n<p>We can now conclude that the scope and importance of GMAT Exam&nbsp;are not limited to the MBA Admissions process. Rather it goes far beyond. This is the age of information and if you have the right information and knowledge, you can certainly leverage it to your advantage. Therefore, a good GMAT learning experience can open avenues for you during and after finishing your MBA program. It can also give you an alternate career, which will be something very useful, especially in uncertain times.<\/p>\n<blockquote><p><strong><em>If you are planning to take the GMAT, we can help you with a personalized study plan and give you access to quality online content to prepare. Write to us at <a href=\"mailto:acethegmat@e-gmat.com\">acethegmat@e-gmat.com<\/a>.&nbsp;<\/em><\/strong><\/p>\n<p><strong><em>We are the <a href=\"https:\/\/gmatclub.com\/reviews\/e-gmat-6\" target=\"_blank\" rel=\"noopener noreferrer external\" data-wpel-link=\"external\">most reviewed GMAT prep company on gmatclub<\/a> with more than 1960 reviews. <\/em><\/strong><\/p>\n<p><strong><em>Why don\u2019t you <a href=\"https:\/\/e-gmat.com\/ft-gmat-prep\/?channel=blogsin_article&amp;utm_source=blogs&amp;utm_medium=in_article&amp;utm_campaign=free_trial&amp;utm_content=mba&amp;utm_term=blogs_in_article_\" target=\"_blank\" rel=\"noopener noreferrer external\" data-wpel-link=\"external\">take a free trial<\/a> and judge for yourself? Write to us at <a href=\"mailto:acethegmat@e-gmat.com\" target=\"_blank\" rel=\"noopener noreferrer\">acethegmat@e-gmat.com&nbsp;<\/a>in case of any query.<\/em><\/strong><\/p><\/blockquote>\n\n<div class=\"ub-buttons align-button-center\"  id=\"ub-button-a3e200a5-9b24-44fa-b058-222db41aefdb\"><div class=\"ub-button-container\">\n    <a href=\"https:\/\/resources.e-gmat.com\/sign-up-free-trial\" target=\"_blank\" rel=\"noopener noreferrer external\" class=\"ub-button-block-main ub-button-medium ub-button-flex-medium\" role=\"button\" data-wpel-link=\"external\">\n    <div class=\"ub-button-content-holder\"><span class=\"ub-button-block-btn\">Sign up for a Free Trial<\/span>\n    <\/div><\/a><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>GMAT aspirants often come across questions like &#8211;&nbsp;&#8220;What is the importance of GMAT?, How important is GMAT for my career growth?&#8221;&nbsp;and so on&#8230; Well, the importance of GMAT goes far beyond MBA Admissions. GMAC rightly puts it, \u201cThe GMAT exam is your best first step toward a career with impact.\u201d More than 7000 business and [&hellip;]<\/p>\n","protected":false},"author":79663,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","ub_ctt_via":""},"categories":[4102,11696,92,113],"tags":[],"featured_image_src":null,"author_info":{"display_name":"Juhi Gupta","author_link":"https:\/\/e-gmat.com\/blogs\/author\/juhie-gmat-com\/"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v17.1.1 (Yoast SEO v17.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What is the importance of GMAT? | e-GMAT Blog | GMAT Prep<\/title>\n<meta name=\"description\" content=\"Importance of GMAT is not just limited to the MBA Admissions process, it goes far beyond. GMAT score plays an important role in applying for consulting jobs\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/e-gmat.com\/blogs\/what-is-the-importance-of-gmat\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What is the importance of GMAT?\" \/>\n<meta property=\"og:description\" content=\"Importance of GMAT is not just limited to the MBA Admissions process, it goes far beyond. GMAT score plays an important role in applying for consulting jobs\" \/>\n<meta property=\"og:url\" content=\"https:\/\/e-gmat.com\/blogs\/what-is-the-importance-of-gmat\/\" \/>\n<meta property=\"og:site_name\" content=\"e-GMAT Blog | Best GMAT blog on the planet\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/E-Gmat-499275643430980\" \/>\n<meta property=\"article:published_time\" content=\"2020-05-14T22:02:19+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-11-22T12:02:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2018\/05\/Why-take-GMAT-importance.png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@e_GMAT\" \/>\n<meta name=\"twitter:site\" content=\"@e_GMAT\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Juhi Gupta\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"9 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Organization\",\"@id\":\"https:\/\/e-gmat.com\/blogs\/#organization\",\"name\":\"e-GMAT\",\"url\":\"https:\/\/e-gmat.com\/blogs\/\",\"sameAs\":[\"https:\/\/www.facebook.com\/E-Gmat-499275643430980\",\"https:\/\/www.linkedin.com\/in\/rajat-sadana-ba459a\/\",\"https:\/\/www.youtube.com\/user\/eGMATconcepts\",\"https:\/\/twitter.com\/e_GMAT\"],\"logo\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/e-gmat.com\/blogs\/#logo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2018\/04\/logo-full.png\",\"contentUrl\":\"https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2018\/04\/logo-full.png\",\"width\":908,\"height\":802,\"caption\":\"e-GMAT\"},\"image\":{\"@id\":\"https:\/\/e-gmat.com\/blogs\/#logo\"}},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/e-gmat.com\/blogs\/#website\",\"url\":\"https:\/\/e-gmat.com\/blogs\/\",\"name\":\"e-GMAT Blog | Best GMAT blog on the planet\",\"description\":\"Prepare for your GMAT and MBA journey\",\"publisher\":{\"@id\":\"https:\/\/e-gmat.com\/blogs\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/e-gmat.com\/blogs\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/e-gmat.com\/blogs\/what-is-the-importance-of-gmat\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2018\/05\/Why-take-GMAT-importance.png\",\"contentUrl\":\"https:\/\/e-gmat.com\/blogs\/wp-content\/uploads\/2018\/05\/Why-take-GMAT-importance.png\",\"width\":1131,\"height\":455,\"caption\":\"importance of gmat exam | gmat scope | why gmat\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/e-gmat.com\/blogs\/what-is-the-importance-of-gmat\/#webpage\",\"url\":\"https:\/\/e-gmat.com\/blogs\/what-is-the-importance-of-gmat\/\",\"name\":\"What is the importance of GMAT? | e-GMAT Blog | GMAT Prep\",\"isPartOf\":{\"@id\":\"https:\/\/e-gmat.com\/blogs\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/e-gmat.com\/blogs\/what-is-the-importance-of-gmat\/#primaryimage\"},\"datePublished\":\"2020-05-14T22:02:19+00:00\",\"dateModified\":\"2022-11-22T12:02:49+00:00\",\"description\":\"Importance of GMAT is not just limited to the MBA Admissions process, it goes far beyond. 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